"We do not anticipate any significant improvement in market conditions during 2005," Said Colt chairman Barry Bateman. [via the register]
I starting to think that the US consolidation will come to the UK soon. There’s just too many Telco’s and not enough business to go around. Some of the big players are bound to start picking off the smaller players sooner rather than latter. Take london there are 42 fibre vendors alone, that’s just nuts. Colt just may be one of the Telco’s in good enough financial shape to kick the consolidation into motion.